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From Home Furnishing Business

Turnaround Consultant Says U.S. Furniture Mfg. on the Rise

A new report from Greensboro, N.C.-based turnaround consultant Anderson Bauman Tourtellot Vos indicates the U.S. furniture manufacturing sector is on the upswing.

FastFact: 2 States Have Median Income of More than $70K

In 2012, the total U.S. median income was $53,046, and only two states — Maryland and New Jersey — posted median incomes greater than $70,000. 

Wayfair to Release Q3 Results on Nov. 10

Online home furnishings retailer Wayfair (NYSE: W) will announce results for the third quarter ended Sept. 30 after the closing of the market on Monday, Nov. 10.

Amtech Agrees to Buy Chromcraft-Revington

Amtech Management Ltd., the owner of Douglas Casual Living and Mastercraft, has signed a letter of intent to acquire the assets of Chromcraft-Revington and its related brands.

Versatile Credit Adds Fortiva | YBUY Service to Kiosks

Versatile Credit has formed a partnership with Fortiva | YBUY to provide retailers a wider choice in selecting a portfolio of lenders to use in the Versatile kiosks.

Select Comfort Q3 Sales up 23%

Select Comfort Corp. (NASDAQ: SCSS) reported third-quarter 2014 sales of $323 million, a 23 percent increase over the prior-year period.

Study: Consumers More Open to Big Tickets

Consumer confidence and willingness to make a big-ticket purchase are on the rise. That's according to Synchrony Financial's 2014 Major Purchase Consumer Study.

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